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File 3877/1912 Pt 2 ‘Turkey in Asia: oil concessions’ [‎90v] (189/308)

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The record is made up of 1 volume (148 folios). It was created in 28 Aug 1913-31 Mar 1914. It was written in English. The original is part of the British Library: India Office The department of the British Government to which the Government of India reported between 1858 and 1947. The successor to the Court of Directors. Records and Private Papers Documents collected in a private capacity. .

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2
i
I
capital of such company, if so desired by any
member, to be raised by a public issue of
debentures and/or shares.
I said that I was not aware that these con
ditions could be procured, but I suggested that
his company might make the acceptance of them
conditions of agreeing to our letter of the
16th January, at all events in the first instance.
He said there was a further condition to which
his company attached paramount importance,
namely, that the chairman for a series of years
should be British, and he asked if, in the event of
some eminent man (he instanced Lord Milner)
being put forward, we could not obtain the assent
of the other groups.
I said this was rather doubtful, but if the
Anglo-Persian Company put it forward again as
one of their desiderata we would try to secure it,
though it should not be put forward as a sine qua
non.
Sir Hugh Barnes was informed that the great
danger of delay in the reply of the Anglo-Persian
Oil Company to our letter of the 16th January
was that the Turkish Government, who were very
pressed for funds, might give the concession to
the Standard Oil Company in return for a loan.
We had promised them to try and give a definite
reply about the Mesopotamian concession by the
end of the month.
Although I urged all these points upon
Sir Hugh Barnes, he seemed to persist in the
necessity of a reply from the Admiralty about
the proposed contract before a reply could be
sent to the Foreign Office letter of the 16th
January about the Mesopotamian concession. He
dwelt a good deal upon the financial attractions
of amalgamation with the Shell to the Anglo-
Persian Company, though he evidently realised
how undesirable it would be that the Anglo-
Persian, the principal British undertaking in
Persia, should pass under Dutch control. He
said that one effect of such amalgamation would
be to raise the price of oil-fuel at once.
A. N.
January 23, 1914.

About this item

Content

The volume is a chronological continuation of File 3877/1912 Pt 1 ‘Turkey in Asia: oil concessions’ (IOR/L/PS/300), and comprises papers concerning ongoing negotiations over oil concessions for the Mesopotamian vilayets of Mosul and Baghdad, in which the Anglo-Persian Oil Company (APOC), Deutsche Bank, the British-backed National Bank of Turkey, and the Anglo-Saxon Oil Company (ASOC, a division of Royal Dutch Shell) are the principal claimants.

The papers largely deal with the British Government’s concern that APOC achieve a predominant position in any final concession, at the cost of ASOC and the National Bank of Turkey, the latter holding a stake in the Turkish Petroleum Company. The principal correspondents in the volume are: the president of the National Bank of Turkey (Sir Henry Babington Smith); the Managing Director of APOC (Charles Greenway); Foreign Office representatives (Alwyn Parker; Sir Eyre Alexander Barby Wichart Crowe); Deutsche Bank board member Emil Georg von Stauß.

The correspondence covers:

  • the withdrawal of the National Bank of Turkey from concessions negotiations;
  • negotiations between officials representing the British Government and Deutsche Bank over the form of any concession agreement;
  • arrangements for the division of Turkish petroleum concession interests between the British and German Governments, the Deutsche Bank, National Bank of Turkey, the ASOC and APOC.

The volume includes a divider which gives the subject (Turkey in Asia: oil concessions) and part number (2), the year the subject file was opened (1912), and a list of correspondence references contained in that part by year. This is placed at the back of the correspondence (f 1).

Extent and format
1 volume (148 folios)
Arrangement

The papers are arranged in approximate chronological order from the rear to the front of the volume.

The subject 3877 (Turkey in Asia: oil concessions) consists of 3 volumes, IOR/L/PS/10/300-302. The volumes are divided into 5 parts, with parts 1 and 2 comprising one volume each, and parts 3, 4 and 5 comprising a third volume.

Physical characteristics

Foliation: The foliation sequence commences at the first folio with 1 and terminates at the last with folio 148; these numbers are written in pencil, are circled, and are located in the top right corner of the recto The front of a sheet of paper or leaf, often abbreviated to 'r'. side of each folio. The foliation sequence does not include the front and back covers, nor does it include the two leading and ending flyleaves.

Written in
English in Latin script
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File 3877/1912 Pt 2 ‘Turkey in Asia: oil concessions’ [‎90v] (189/308), British Library: India Office Records and Private Papers, IOR/L/PS/10/301, in Qatar Digital Library <https://www.qdl.qa/archive/81055/vdc_100031027246.0x0000be> [accessed 28 March 2024]

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